Middle East and Africa LiDAR Market Size (2024 - 2029)

The Middle East and Africa LiDAR market is experiencing significant growth, driven by the increasing demand in the automotive sector for self-driving and electric vehicles, which rely heavily on LiDAR technology for navigation and object detection. The expansion of the automotive market, particularly in Saudi Arabia and the United Arab Emirates, alongside substantial investments in defense, security, and infrastructure technologies, is further propelling the market's development. Despite challenges such as supply chain disruptions due to the COVID-19 pandemic and the high cost of LiDAR products, the market's potential continues to expand.

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Market Size of Middle East and Africa LiDAR Industry

Middle East and Africa LiDAR Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 15.64 %
Market Concentration Low

Major Players

Middle East and Africa LiDAR Market Key players

*Disclaimer: Major Players sorted in no particular order

MEA LIDAR Market Analysis

The Middle East and Africa LiDAR market are expected to grow at a CAGR level of 15.64% during the forecast period from 2020-2025. The growing demand for the automotive industry toward self-driving cars and electric vehicles in the region, are also influencing the growth of the LiDAR market. Self-driving cars increasingly use LiDAR sensors for generating huge 3D maps for 360° vision and for accurate information to assist in self-navigation and object detection.

  • The rising GDP and the emerging middle-class group are driving automotive sales in the Middle East. The Saudi automotive market is the biggest market in this region. Almost 800,000 new cars are sold every year, along with nearly the same number of used cars being sold in the country.
  • Additionally, The United Arab Emirates has already made inroads into the connected car sector. Etisalat and Nissan last year teamed up for the region's first related car deployment. Starting with the 2016 models of the Nissan Maxima and the Nissan Patrol MY16, Nissan pre-installs a small device within the car, connected via an Etisalat M2M SIM card.
  • Saudi Arabia is actively reinvesting in modern defense, security, and infrastructure technologies, which is fuelling the growth of this market. In March 2020, the Saudi Authority for Industrial Cities and Technology Zones (MODON) signed a land-lease contract with INTRA Defense Technologies for the development of unmanned aircraft systems, depicting the increasing investments in the advanced technologies, which is anticipated to aid the market.
  • Moreover, the ongoing COVID 19 pandemic has also impacted on the overall supply chain of this industry. For instance, Saudi Arabia's government 24-hour curfew also affected the production process of its domestic companies. However, the high cost of this product is restraining the overall growth of this market.

MEA LIDAR Industry Segmentation

LiDAR-based mapping solutions are agile and can be used on a stationary or moving vehicle. Due to this, they are being adopted by a growing number of industries, especially for applications in engineering, construction, environment, and exploration. The Middle East and Africa are segmented by Product, Component, and End-User. The Component section is segmented by GPS, Laser Scanners, Inertial Measurement Unit, Other Components.

Product
Aerial LiDAR
Ground-based LiDAR
Components
GPS
Laser Scanners
Inertial Measurement Unit
Other Components
End-User
Engineering
Automotive
Industrial
Aerospace & Defense
Country
Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle East and Africa
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Middle East and Africa LiDAR Market Size Summary

The Middle East and Africa LiDAR market is experiencing significant growth, driven by the increasing demand for advanced technologies in various sectors such as automotive, defense, and infrastructure. The automotive industry, particularly in Saudi Arabia and the United Arab Emirates, is a major contributor to this growth, with the rise of self-driving and electric vehicles necessitating the use of LiDAR sensors for enhanced navigation and object detection. Additionally, the region's focus on modernizing defense and security technologies, as seen in Saudi Arabia's investments in unmanned aircraft systems, further propels the market. Despite challenges posed by the COVID-19 pandemic affecting supply chains, the market continues to expand, although high product costs remain a constraint.

In the surveying and transportation industries, the demand for LiDAR-based drones is rapidly increasing due to their efficiency and cost-effectiveness compared to traditional methods. These drones are particularly valuable in mining and archaeological investigations, offering reliable and stable solutions for large-scale data collection. The oil and gas sector also presents a growing market for LiDAR technology, as it provides accurate exploration tools for challenging terrains. The fragmented nature of the market sees numerous players investing in research and development to harness the region's untapped potential. Notable collaborations and innovations, such as those by Innoviz and Terra Drone, highlight the ongoing advancements and expanding applications of LiDAR technology across the Middle East and Africa.

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Middle East and Africa LiDAR Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porters 5 Force Analysis

      1. 1.2.1 Threat of New Entrants

      2. 1.2.2 Bargaining Power of Buyers/Consumers

      3. 1.2.3 Bargaining Power of Suppliers

      4. 1.2.4 Threat of Substitute Products

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Market Drivers

      1. 1.4.1 Growing Applications In Government Sector

      2. 1.4.2 Increasing Demand of LiDAR Sensors in Oil and Gas Industry

    5. 1.5 Market Restraints

      1. 1.5.1 High Cost of The LiDAR Systems

  2. 2. MARKET SEGMENTATION

    1. 2.1 Product

      1. 2.1.1 Aerial LiDAR

      2. 2.1.2 Ground-based LiDAR

    2. 2.2 Components

      1. 2.2.1 GPS

      2. 2.2.2 Laser Scanners

      3. 2.2.3 Inertial Measurement Unit

      4. 2.2.4 Other Components

    3. 2.3 End-User

      1. 2.3.1 Engineering

      2. 2.3.2 Automotive

      3. 2.3.3 Industrial

      4. 2.3.4 Aerospace & Defense

    4. 2.4 Country

      1. 2.4.1 Saudi Arabia

      2. 2.4.2 United Arab Emirates

      3. 2.4.3 South Africa

      4. 2.4.4 Rest of Middle East and Africa

Middle East and Africa LiDAR Market Size FAQs

The Middle East and Africa LiDAR Market is projected to register a CAGR of 15.64% during the forecast period (2024-2029)

Innoviz Technologies Ltd ​, Leica Geosystems Ag ​, Neptec Technologies Corp, Faro Technologies Inc.  and Globalscan Technologies LLC are the major companies operating in the Middle East and Africa LiDAR Market.

Middle East and Africa LiDAR Report Snapshots

Middle East and Africa LiDAR Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)